Companies

Baidu risks losing China 'Big Three' status after bad quarter

Search engine lags behind BAT rivals Alibaba and Tencent in finding new revenue

20190517 BAIDU-RESULTS/

© Reuters

COCO LIU, Nikkei staff writer
May 17, 2019 16:12 JST
Updated on May 18, 2019 01:42 JST

HONG KONG -- China's top search engine Baidu has unveiled its first loss in 14 years, amid regulatory headwinds, a softer Chinese economy and the departure of top talent.

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